Southwestern Energy Co., which has begun to concentrate its exploration in the Marcellus Shale over the past few months, on Friday agreed to sell conventional natural gas leaseholds in East Texas and the Arkoma Basin of Arkansas for $218 million.
E&P
Articles from E&P
Proppant Intensity Still Increasing, Says Fairmount CEO
Fairmount Santrol, one of the largest sand and resin-coated sand providers in the U.S. onshore, continues to see customers expand their use of proppants in each hydraulic fracturing stage, even with the downturn in the marketplace.
Appalachia Natural Gas Output Still On Pace to Increase, Despite Lower Capex, Shut-Ins
The combination of lower capital spending, shut-ins and even a shift to other plays won’t deter natural gas production from escalating in the Appalachian Basin this year, according to data compiled by NGI’s Shale Daily.
Transco’s Marcellus-to-Southeast Dalton Project Filed at FERC
Williams Partners LP’s Transcontinental Gas Pipeline Co. LLC (Transco) has filed at FERC for its Dalton Expansion Project, which would help move Marcellus Shale gas to the Southeast to serve power generators and local distribution companies.
Interior Unveils Final Rule For Fracking on Public, Tribal Lands
The Department of Interior (DOI) issued its long-awaited rule for hydraulic fracturing (fracking) on public and tribal lands on Friday. It requires operators to temporarily store produced water in aboveground tanks and disclose most of the chemicals they use to the FracFocus registry.
Constitution Pipeline Wins Court Battle; Construction Set For Summer
The Constitution Pipeline, which would carry Marcellus Shale natural gas to markets in the Northeast, has cleared another hurdle with a federal court ruling that it can access and build across land owned by seven property owners in Pennsylvania that opposed the project.
Rigs: One More Count Away From Down by Half?
If the Baker Hughes Inc. rotary rig count for North America during the March 23-27 week drops by 113, the tally of active rigs will be half of what it was a year ago. The count for the week ending March 20 shows a decline of 136 rigs in North America at 1,209 active, and that’s down 983 from one year ago.
U.S. Rig Decline Pace Quickened Slightly
The decline in U.S. rigs on a year/year basis gained momentum, as evidenced by the most recent Baker Hughes Inc. rig count. The total U.S. rig count fell 41% year/year for the week ending March 20 versus 38% year/year in the previous week’s count.
Canadian Safety Board Wants Faster Replacement of Rail Tank Cars
The Transportation Board of Canada (TSB) said it is concerned about a plan by regulators to phase out the use of DOT-111 tank cars for transporting crude oil, suggesting that 2025 isn’t soon enough as it investigates a derailment and fire that occurred this month in Ontario.
Court Rejects Doctor’s Challenge to Pennsylvania Fracking Chemical Disclosure Law
A physician from northeast Pennsylvania who filed a federal lawsuit in 2012 challenging a state law that requires medical professionals to sign a confidentiality agreement to gain access to additives used in horizontal hydraulic fracturing has lost on appeal.